Cyprus

The European Investment Bank (EIB) is providing the Cypriot government with a €72 million loan for a new national archaeological museum in the capital Nicosia. The EIB credit will be used to build the planned state-of-the-art Cyprus Archaeological Museum, which will serve as a cultural landmark while contributing to urban regeneration.

The European Investment Bank (EIB) is lending Cyprus €100 million for a range of road improvements in the country. The EIB credit will cover 50% of the costs of planned renovations and extensions to make road travel in Cyprus easier and safer.

 European Investment Bank Group President Nadia Calviño visited Cyprus today to inaugurate the EIB Group’s office in the country and exchange views with the Cypriot leadership on investment initiatives to address common policy goals, from energy to water management, housing, security and defence, and emergency response services.